Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Wednesday, 14 June 2017, 16:58 HKT/SGT
Share:
    

Source: Mitsubishi Heavy Industries, Ltd.
Basic Agreement Reached With Oshima Shipbuilding Co. to Form Commercial Shipbuilding Alliance
- Move will Strengthen Global Competitiveness in Shipbuilding -

TOKYO, June 14, 2017 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has reached a basic agreement with Oshima Shipbuilding Co., Ltd. towards the formation of an alliance in the commercial ship business. The companies will seek business synergy and target sustainable growth in order to strengthen business competitiveness in the global market, while also respecting mutual independence.

The agreement with Oshima Shipbuilding will utilize the expertise of both companies, establishing a technical alliance to focus on development of new ship designs and technologies, standardization of design and construction, and efficient shared use of tools and equipment. The alliance follows on from a previous agreement reached at the end of March with Imabari Shipbuilding Co., Ltd. and Namura Shipbuilding Co., Ltd. Contracts for specific projects will be decided on an individual basis.

The new alliance will allow MHI to enhance competitiveness in shipbuilding, focusing on core engineering capabilities and expertise, while ensuring that Japan strengthens its shipbuilding capabilities in the face of a rapidly changing global industry.


About Mitsubishi Heavy Industries, Ltd.

Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in Tokyo, is one of the world's leading industrial firms with 80,000 group employees and annual consolidated revenues of around 38 billion U.S. dollars. For more than 130 years, the company has channeled big thinking into innovative and integrated solutions that move the world forward. MHI owns a unique business portfolio covering land, sea, sky and even space. MHI delivers innovative and integrated solutions across a wide range of industries from commercial aviation and transportation to power plants and gas turbines, and from machinery and infrastructure to integrated defense and space systems.
For more information, please visit the MHI Group website: http://www.mhi-global.com.
For Technology, Trends and Tangents, visit MHI's new online media SPECTRA: http://spectra.mhi.com.

Contact:
Joseph Hood, PR Manager
Mitsubishi Heavy Industries, Ltd.
Email: mhi-pr@mhi.co.jp
Tel: +81-(0)3-6716-2168
Fax: +81-(0)3-6716-5860


June 14, 2017 16:58 HKT/SGT
Source: Mitsubishi Heavy Industries, Ltd.

Topic: Press release summary
Sectors: Marine/Offshore
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2018 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.



Mitsubishi Heavy Industries, Ltd.
Apr 25, 2018 14:48 HKT/SGT
MHI and NTT Group Begin Sales of "InteRSePT" Cyber Security Technology Providing Safe and Secure Operation of Control Systemse
Apr 20, 2018 17:29 HKT/SGT
Mitsubishi Heavy Industries-Haier (Qingdao) Air-Conditioners Co., Ltd., Joint Venture with Haier
Apr 19, 2018 14:32 HKT/SGT
Mitsubishi Shipbuilding Holds Christening Ceremony for Diamond Gas Orchid, Next-Generation LNG Carrier
Apr 2, 2018 11:04 HKT/SGT
MHI Holds Welcoming Ceremony for New Employees in 2018
Mar 26, 2018 12:21 HKT/SGT
Mitsubishi Corporation to Participate in Offshore Wind Farm Project in the UK
Mar 13, 2018 10:43 HKT/SGT
MHI Thermal Systems Concludes Agreement with Beijer Ref to Collaborate in Air-Conditioning and Heat Pump Business in UK and Ireland
Mar 12, 2018 10:46 HKT/SGT
MHI: H-100 Gas Turbine and Low NOx Combustion System Receives Full Mechanical Drive Qualification by Shell
Mar 5, 2018 10:25 HKT/SGT
MHIEC Receives Order to Build Waste to Energy Plant in Kawasaki
Feb 28, 2018 08:21 HKT/SGT
MHI Thermal Systems and Chubu Electric Power Jointly Develop "Q-ton Circulation" Heat Pump, Launching Set for August
Feb 28, 2018 08:04 HKT/SGT
MHI Completes Investment in Orano (formerly "New AREVA Holding")
More news >>
 News Alerts
Copyright © 2018 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 10 8405 3688 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 6721 7212

Connect With us: